The Hindu Editorial (Buoyancy check) – May 05, 2023

To read this article, click “The Hindu”.

This preview is provided here with permission.

Courtesy: The Hindu

The Hindu Editorial (Buoyancy check) – May 05, 2023:

buoyancy (noun) – high level of activity, growth, development, progress, improvement, vigour/strength.
findings (noun) – conclusion arrived at (as a result of an inquiry).
S&P Global Inc. (noun) – an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics; S&P Global, Inc. engages in the provision of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide. It operates through the following segments: Ratings, Market Intelligence, Platts and Indices.
Purchasing Managers’ Index (PMI) (noun) – Purchasing Managers’ Index or PMI is an economic indicator, which is derived after monthly surveys of different companies. The index shows trends in both the manufacturing and services sector. The index helps in determining whether the market conditions, as seen by purchasing managers, is expanding, contracting or staying the same. It is used to provide information regarding the current and future business conditions.
index (noun) – an (economic) data figure reflecting something (e.g. price/quantity) compared with a standard or base value; pointer, indicator.
resilience (noun) – the ability to bounce back quickly from difficulties; strength of character, strength, toughness.
cool (verb) – reduce, decrease, lessen, diminish.
reading (noun) – amount, figure.
expansion (noun) – increase, growth.
put something into perspective (phrase) – to compare something with a similar thing to give a better idea; to access the true importance of something.
reiterate (verb) – repeat, say again, restate.
gross value added (GVA) (noun) – it is a measure of total output and income in the economy. It provides the rupee value for the amount of goods and services produced in an economy after deducting the cost of inputs and raw materials that have gone into the production of those goods and services. It also gives a sector-specific picture like what is the growth in an area, industry, or sector of an economy. On the other hand, GDP or gross domestic product is a measure of economic activity in a country. It is the total value of a country’s annual output of goods and services.
slip (verb) – decrease, drop, decline, slump, tumble, plunge, plummet.
trip (verb) – fall, tumble, slide.
on the other hand (phrase) – as an alternative.
accelerate (phrasal verb) – increase, raise, intensify, quicken, step up, speed up.
pick up (noun) – improvement, recovery, progress, advancement.
Gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
front (noun) – a particular field of activity.
hit (verb) – reach, attain (a level/stage).
reflect (verb) – indicate, express, show, demonstrate.
uptick (noun) – a small increase or upward trend.
intangible (adjective) – non-physical.
resultant (adjective) – resulting, ensuing, consequent.
vis-à-vis (preposition) – concerning, with regard to, in relation to, as/in comparison with, in connection with (Vis-à-vis from Latin via. French, means literally “face-to-face).
plug the leak/gap/hole (phrase) – to fix up (a recurring problem).
plug (verb) – stop, seal off, close off, block, fill, fill up, pack.
deficit (noun) – shortfall, deficiency, shortage, undersupply, slippage.
current account deficit (CAD) (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
widen (verb) – increase, expand, extend, open up.
trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a country’s imports exceeds that of its exports. It is also called a trade gap.
reckon (verb) – forecast, predict, estimate, calculate.
print (noun) – mark, impression.
surge (noun) – sudden increase or rise of something.
outbound (adjective) – travelling/going away from a particular place/country.
amid (preposition) – in the middle of, surrounded by; during.
slowdown (noun) – economic decline, downturn, depression, slump, recession.
flurry (noun) – a number of things occurring suddenly and at the same time; spate, series, succession.
clientele (noun) – clients, customers, consumers.
moderate (verb) – lessen, dwindle, decrease, diminish, reduce.
going forward (phrase) – in the future.
corroborate (verb) – confirm, endorse, ratify, authenticate, validate, certify, justify; support, back, uphold, substantiate, vouch for.
dither (verb) – be indecisive, be unsure, be undecided, hesitate.
on-board (verb) – join; introduce a new employee into an organization.
recruit (noun) – new member, new entrant, new employee.
boom (verb) – a period of rapid (economic) growth; economic upturn; economic upswing.
resurge (verb) – increase, raise again.
augur well/ill (verb) – bode, indicate, portend, signal (a good/bad outcome).
sustain (verb) – continue, carry on, maintain, retain, preserve, prop up.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
take a hit (phrase) – suffer loss, suffer damage.